Kolena AI Agent
Lease Redline and PSA Key-Date Extraction
Turn a purchase and sale agreement or lease draft into a cited critical-date calendar with computed deadlines, plus a redline and deviation review, in minutes.
Impact
Manual PSA and lease critical-date review reduced from hours of clause-by-clause reading to a cited, computed date calendar in minutes per agreement
per agreement
Volume fit
Works best for
acquisition, legal, and lease-administration teams reviewing many PSA and lease drafts a month, each with dozens of hard deadlines to diarize
Too small for
a one-off single-page agreement a lawyer can read faster than setting up the run
Typical inputs
Documents
- Purchase and sale agreement (PSA)
- Commercial lease or ground lease
- Amendments and addenda
- Prior draft or turn (for redline)
- Standard-form agreement or negotiation playbook (for deviation review)
- Letter of intent
Systems
- Data room
- Google Drive
- SharePoint
- Box
Output
A completed review workbook: a chronological critical-date calendar with computed calendar deadlines, a contingency and termination map, options and preferential rights, key legal provisions, a redline vs the prior draft, a deviation review vs the standard form, a missing-terms flag, an overall risk classification, and a cited reviewer memo
Delivered to
- Deal calendar / deadline tickler system
- Deal folder
- Lease administration or asset-management system
What it extracts
· 13 fields
- Form
Deal Snapshot
A one-look roll-up of the agreement's spine - document type, draft-or-executed status, property, parties, effective date, price/rent, governing law, and whether time is of the essence - so a reviewer can orient before the detail.
- Classification
Agreement Type Classification
The single instrument category (PSA, lease, ground lease, amendment, LOI, or other) that determines which critical-date and clause playbook applies.
- Form
Parties and Roles
The full legal names of the purchaser/tenant, seller/landlord, guarantor, escrow/title company, and broker, plus notice addresses; mis-identifying a party breaks every downstream notice and deposit obligation.
- Form
Economic and Deposit Terms
The PSA money mechanics - purchase price, earnest-money deposits, the go-hard / non-refundable date, financing contingency, and prorations - that define what is at risk and when.
- Table
Critical Date Calendar
The core deliverable: every time-sensitive date and obligation with a computed calendar deadline, calculation logic, responsible party, and consequence if missed - the tickler a transaction manager runs the deal against.
- Table
Contingencies and Termination Rights
Every contingency and termination right with how it is satisfied or waived - including auto-waiver traps - and the effect on the earnest money if the deal dies.
- Table
Options and Preferential Rights
Each option and preferential right - renewal, purchase, ROFO, ROFR, expansion, early termination - with its hard notice window, precisely distinguishing a right of first offer from a right of first refusal.
- Table
Key Legal Provisions
The material legal provisions - reps and warranties and survival, as-is/disclaimer, indemnity, default and remedies, casualty, assignment, notice mechanics - with a flag on anything unusual or one-sided.
- Table
Redline vs Prior Draft
When a prior draft is provided, every material change between turns with its substantive effect, which side it favors, and its materiality - what moved in negotiation.
- Table
Deviations from Standard Form
When a standard form or playbook is provided, each deviation from the approved position with direction, whether it is an acceptable fallback, a risk flag, and a recommended action - catches off-market terms a redline alone would miss.
- Table
Missing or Undefined Critical Terms
The reviewer's what-is-not-there check: every critical term or date that is absent, blank, ambiguous, or TBD, with the risk it creates and what to add or clarify.
- Classification
Overall Risk Classification
A single headline read - Clean, Minor issues, Material issues, Off-market, or Insufficient information - for a reviewer's triage queue, synthesized across the review.
- Text
Reviewer Summary and Action Items
A concise, cited memo of the nearest-term hard deadlines to diarize, the most material redline changes and deviations, the missing terms, and the recommended next actions.
Prerequisites
- The agreement under review
- Any prior draft you want redlined
- Your standard-form agreement or playbook, if you want a deviation review
- All amendments so the controlling terms are captured
Human review
A transactions attorney or deal manager reviews each computed deadline, the flagged redline changes and deviations, and the missing-term list, and confirms the critical-date calendar before the team diaries the dates and negotiates.
Where it fits
Real estate transaction management and legal review
Deal negotiation - draft PSAs, leases, and amendments arriving by email or data room as the parties trade turns, and executed agreements arriving at signing
This step
Redline / deviation review and critical-date extraction
After
Who uses it
Grounded in
- Market convention for commercial real estate purchase and sale agreements (critical-date structure)verified as of 2026-07-22
- Title and survey objection and cure conventions; ALTA/NSPS Land Title Survey standardsverified as of 2026-07-22
- Contract redline vs standard-form deviation review - review-practice conventionverified as of 2026-07-22
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See Lease Redline and PSA Key-Date Extraction on your documents
We'll run it against a file of yours and walk through every cited field.